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For any question on data and metadata, please contact: Eurostat user support |
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1.1. Contact organisation | Croatian Bureau of Statistics |
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1.2. Contact organisation unit | Price Statistics and European Comparison Programme Department |
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1.5. Contact mail address | Ilica 3, 10000 Zagreb, Croatia |
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2.1. Metadata last update | 29/01/2024 | ||
2.2. Metadata last certified | 29/01/2024 | ||
2.3. Metadata last posted | 29/01/2024 |
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3.1. Data description | |||
The OOHPI is based on the ‘net acquisitions’ approach, which measures changes in prices paid by households for the acquisition of dwellings that are new to the household sector and changes in other costs related to the ownership, and transfer of ownership, of dwellings. |
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3.2. Classification system | |||
The OOHPI is broken down into the following expenditure categories:
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3.3. Coverage - sector | |||
Households which are owner occupiers. |
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3.4. Statistical concepts and definitions | |||
The main statistical variables are price indices. |
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3.5. Statistical unit | |||
The basic unit of statistical observation are transaction prices of dwellings new to the household sector and of other products that the households acquire in their role as owner-occupiers. |
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3.6. Statistical population | |||
Owner-occupied dwellings. |
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3.7. Reference area | |||
The OOHPI covers the entire area of the country. |
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3.8. Coverage - Time | |||
Data are available since first quarter of 2010. |
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3.9. Base period | |||
The index reference period is 2015=100. |
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The following units are used: Index: equal 100 in the base period; |
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The compiled quarterly indices represent the whole calendar quarter. |
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6.1. Institutional Mandate - legal acts and other agreements | |||
National legislation: Official Statistics Act (Official Gazette, No. 25/20), Annual Implementation Plan of Statistical Activities of the Republic of Croatia (only in Croatian). European legislation: All relevant regulations as well as repealed legislation and other legal documents can be found in the Housing Price Statistics section on Eurostat's website under => Legislation. |
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6.2. Institutional Mandate - data sharing | |||
None. |
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7.1. Confidentiality - policy | |||
National legislation: Under the Official Statistics Act (Official Gazette, No. 25/20), the Croatian Bureau of Statistics (CBS) cannot publish, or otherwise make available to any individual or organization, statistics that would enable the identification of data for any individual person or legal entity. Individual data are strictly confidential and must not be published or reported. European legislation: Regulation (EC) No 223/2009 on European statistics (recital 24 and Article 20(4) of 11 March 2009 (OJ L 87, p. 164), stipulates the need to establish common principles and guidelines ensuring the confidentiality of data used for the production of European statistics and the access to those confidential data with due account for technical developments and the requirements of users in a democratic society. |
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7.2. Confidentiality - data treatment | |||
According to policy rules (see point 7.1). |
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8.1. Release calendar | |||
The OOHPI is not published on the CBS website. The Croatian OOHPI is only published by Eurostat on a quarterly basis according to Eurostat’s Release calendar for HPI. |
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8.2. Release calendar access | |||
Not applicable (see 8.1.). |
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8.3. Release policy - user access | |||
In line with the Community legal framework and the European Statistics Code of Practice Eurostat disseminates European statistics on Eurostat's website respecting professional independence and in an objective, professional and transparent manner in which all users are treated equitably. The detailed arrangements are governed by the Eurostat protocol on impartial access to Eurostat data for users. |
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Quarterly (OOHPI) and annually (weights). |
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10.1. Dissemination format - News release | |||
Not applicable (see 8.1.). |
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10.2. Dissemination format - Publications | |||
Not applicable (see 8.1.). |
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10.3. Dissemination format - online database | |||
10.4. Dissemination format - microdata access | |||
Not applicable. |
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10.5. Dissemination format - other | |||
Not applicable. |
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10.6. Documentation on methodology | |||
Information on methodology is available only in metadata published on Eurostat website. |
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10.7. Quality management - documentation | |||
None. |
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11.1. Quality assurance | |||
All data are checked for completeness and consistency with statistical concepts and definitions. |
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11.2. Quality management - assessment | |||
Not available. |
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12.1. Relevance - User Needs | |||
It is of interest to financial institution for monetary policy (ECB, Croatian National Bank, etc.) and the European Commission. |
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12.2. Relevance - User Satisfaction | |||
Not available. |
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12.3. Completeness | |||
All sub-indices are calculated according to the EU regulation. The following OOH price index categories are included in the calculation of the total OOHPI: „Purchases of newly built dwellings”, „Self-build dwellings and major renovations”, „Existing dwellings new to households” (excluded since 2017), „Other services related to the acquisitions of dwellings”, „Major repairs and maintenance” and „Insurance connected with the dwelling”. The category „Other services related to ownership of dwellings” is not included in the calculation of the OOHPI. |
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13.1. Accuracy - overall | |||
There are not any estimates of the overall accuracy of the OOHPI. |
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13.2. Sampling error | |||
Not available. |
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13.3. Non-sampling error | |||
Not available. |
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14.1. Timeliness | |||
The Croatian OOHPI is published approximately 100 days after the end of the related quarter only at the Eurostat website in line with Eurostat release calendar. |
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14.2. Punctuality | |||
Data are sent to Eurostat according to the requirements – no later than 85 days from the end of the quarter to which the indices relate and no later than June 15 of the reference year for weights. There is no record on delays in the data production so far and see 14.1. |
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15.1. Comparability - geographical | |||
Not available. |
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15.2. Comparability - over time | |||
OOHPI data considered to be comparable. |
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15.3. Coherence - cross domain | |||
OOHPI are checked for coherence with the HPIs. |
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15.4. Coherence - internal | |||
All figures are checked for internal consistency. |
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Not available. |
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17.1. Data revision - policy | |||
OOHPI series are revisable under the terms set in Commission Regulation (EU) No 2023/1470 of 17 July 2023. The published OOHPI data may be revised for mistakes, new or improved information, and changes in the system of harmonised rules. |
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17.2. Data revision - practice | |||
Eurostat will be informed about possible non-periodic revisions (OOHPI is not published on the CBS website). |
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18.1. Source data | |||
See below. |
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18.1.1. Prices | |||
The main data sources for OOHPI are administrative data source and conducted surveys. |
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18.1.2. Weights | |||
The data sources for compiling OOHPI weights are data from National Accounts, administrative data – Tax administration and from the Croatian Insurance Bureau. |
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18.2. Frequency of data collection | |||
Most price data are collected quarterly and only for the Insurance connected with dwellings category, data are collected in a monthly cycle. Administrative data are received quarterly, for both, transaction prices and weights, by electronic protocol established between the CBS and the Tax Administration. Other weights data are collected annually. |
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18.3. Data collection | |||
Administrative data are received by electronic protocol established between the CBS and the Tax Administration. Other data are collected or conducted by central CBS staff via Internet or electronically. |
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18.4. Data validation | |||
All data are checked for completeness and internal consistency in terms of eliminating various errors in the database and records. |
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18.5. Data compilation | |||
See below. |
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18.5.1. Calculation and Aggregation | |||
See below. |
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18.5.1.1. Index formulae | |||
OOHPI is a Laspeyres-type price index. |
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18.5.1.2. Aggregation method | |||
OOHPI sub-indices are calculated separately by using different sources. Croatian OOHPI is an index that covers elementary indices for purchases of newly built dwellings, self-build dwellings and major renovations, existing dwellings new to households (excluded since 2017), other services related to the acquisitions of dwellings, major repairs and maintenance and insurance connected with the dwelling. These indices are then aggregated to a higher level and level total using a chain-linked Laspeyres-type price index formula. |
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18.5.1.3. Derivation of sub-index and elementary aggregate weights | |||
From 2021 elementary aggregate weights are based on provisional expenditures from National Accounts (t-1) as well as on Tax administration data and are updated each year. |
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18.5.1.4. Price updating | |||
Elementary aggregate weights are price-updated on the basis of price change between the previous year and the last quarter of the previous year. |
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18.5.1.5. Chaining and linking method | |||
The OOHPI is chained on an annual basis using the fourth quarter of the previous year as the linking period. |
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18.5.2. Other processing issues - OOH sub-indices for purchases of newly built dwellings and existing dwellings new to households | |||
See below. |
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18.5.2.1. Timing for pricing | |||
Transaction prices are fixed in the buying contract and date of contract must be in the quarter for which the index is calculated. |
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18.5.2.2. Treatment of VAT | |||
VAT is included in the price of new dwellings. |
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18.5.2.3. Treatment of other taxes | |||
Other taxes are not included in the price of dwellings. |
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18.5.2.4. Treatment of government subsidies | |||
Transactions which include government subsidies are normally below market prices and they are excluded from calculation. |
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18.5.2.5. Treatment of land | |||
The price of land is included in prices and deducted from weights. |
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18.5.2.6. Housing cooperatives | |||
Housing cooperatives are not covered. |
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18.5.2.7. Treatment of non-market transactions | |||
Not included. |
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18.5.2.8. Treatment of multi-object transactions | |||
Not included. |
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18.5.2.9. Treatment of fractional transactions | |||
The fractional transactions are included in calculation with no special treatment. |
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18.5.3. Other processing issues - OOH sub-indices other than OOH sub-indices for purchases of newly built dwellings and existing dwellings new to households | |||
See below. |
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18.5.3.1. Elementary aggregate formulae | |||
Elementary aggregate indices for Other services related to the acquisition of dwellings and for Insurance connected with dwellings have been computed as a ratio of current and the price referent period geometric mean (Jevons). |
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18.5.3.2. Replacements | |||
As regards replacement, case-by-case approach will be performed if necessary. |
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18.5.3.3. Quality adjustment | |||
There are not automatic procedures and case-by-case approach is performed. The choice of method depends on specific replacement situation. For price data in categories Other services related to the acquisition of dwellings and for Insurance connected with dwellings only direct price comparison method is used. |
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18.5.3.4. Missing prices | |||
See 18.4.3. and 18.4.4. |
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18.5.3.5. Discounts and inducements | |||
Discounts are taken into account while there are no cases related to inducements. |
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18.5.3.6. Zero prices | |||
Not applicable. |
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18.5.3.7. Treatment of VAT | |||
Most of the observed price include VAT. |
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18.6. Adjustment | |||
No seasonal or calendar adjustments are made. The hedonic method (time dummy rolling window method) for purchases of newly built dwellings and purchases of existing dwellings new to households (up to 2017) was selected. |
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None. |
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